Question: please answer the following question below. The Riverbed Company issued $250,000 of 11% bonds on January 1, 2020. The bonds are due January 1, 2025,

please answer the following question below. The Riverbed Company issued $250,000

please answer the following question below.

The Riverbed Company issued $250,000 of 11% bonds on January 1, 2020. The bonds are due January 1, 2025, with interest payable each July 1 January 1. The bonds were issued at 101. Prepare the journal entries for (a) January 1, (b) July 1, and (c) December 31. Assume The Riverbed Company records straight-line amortization semiannually. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit (a) (b) (c)

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